JAKARTA (Yosefardi) – Nymex crude oil declined further to US$97.38 per barrel, while gold lost 0.7% to US$1333 per ounce Wednesday (October 23).
Shares of oil and gas producers ended mostly lower in Asia with PetroChina and CNOOC Ltd down 1.8% and 3.02% respectively.
In Sydney, Santos Ltd lost 1.75%, while in Jakarta, Medco and Energi Mega Persada down 1.96% and 1.18%. Perusahaan Gas Negara (PGAS) also down 1.9%.
In Singapore, KrisEnergy ended lower by 0.39%, while in London, BP Plc opened lower by 0.42%.